If you've decided it's time to stop your GIRO payments with DBS, you're not alone. Many people find themselves in a situation where they need to reassess their automatic payment arrangements for various reasons—perhaps a change in financial circumstances or simply wanting more control over their spending. Thankfully, terminating a GIRO arrangement is straightforward and can be done through digibank online.
To get started, log into your digibank online account using your User ID and PIN. Once you’re logged in, you'll need to complete the authentication process for security purposes. After that, navigate to the 'Pay' section on the dashboard and click on 'More Payment Services.' Here’s where it gets specific: under 'Manage Payments & GIRO,' select 'Delete GIRO Arrangement.'
You’ll then have options to view all of your current GIRO arrangements associated with different accounts. Choose whether you want to see all arrangements or just those linked to a particular account before clicking ‘Next.’ Next up is selecting which specific GIRO payment you wish to terminate; this step allows you some flexibility as you may also specify an effective termination date if needed.
Once you've made your selection, take a moment to verify all details presented on-screen before hitting ‘Submit’—this final action completes the transaction. You should receive confirmation that your request has been processed successfully.
It’s important to note that currently, this entire process must be completed via digibank online; there are no mobile app functionalities available for terminating these payments at this time.
In essence, while managing finances can sometimes feel overwhelming, knowing how simple it is to adjust recurring payments like those set up through GIRO helps empower users towards better financial management.
